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Archiv für März 2020

When Fed is Out of its Mind, Bitcoin is the Answer

It took the sudden emergence of a pandemic to demonstrate how pathetic the global financial system really is. The US Federal Reserve (Fed) is now doing a live demo on how to print money out of thin air and buy government and corporate securities with it. It seems that Plan B’s model will work indeed.…

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Ripple Launches X-Border App With Thai Commercial Bank

In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB. Ripple to Boost Thai Remittances Further Hot off the…

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3 Ways Bitcoin Will Emerge Stronger After the Economic Crisis

The world is now facing its worst financial crisis in decades, with fears growing that a years-long recession may have begun. However, this economic turmoil will also play a key role in pushing Bitcoin and blockchain technology into the mainstream. Three key elements will play a role. BITCOIN ADOPTION WILL CONTINUE TO SKYROCKET Critics have…

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Bitcoin Enters Most Bullish Yearly Quarter, Will 2020 Deliver?

With the global disruption lately, you may not have noticed that Q1 is coming to an end. But tomorrow kicks off the start of the second quarter–traditionally bullish for Bitcoin. Will 2020 deliver? Will Q2 2020 Be Bullish for Bitcoin Once More? Let’s be honest, investor confidence is hardly at an all-time high. The FDIC…

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BitMEX Long on Bitcoin Development, Increases Grant to $100K

HDR Global Trading that owns and operates BitMEX is committed to “Bitcoin development is for the long term”. Today, the company announced that it will increase its 2019 grant to Bitcoin core dev Michael Ford to $100,000. BitMEX Ups Core Developer Grant to $100K According to the BitMEX blog, and as tweeted out by BitMEX…

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Bitcoin Momentum Signal Reverses, Bull Run Finally Inbound?

Despite the brief rally in both the stock and crypto markets, most analysts have predicted the worst is yet to come. However, according to new data, the Bitcoin momentum signal has reversed. Does this mean a bull run is inbound soon? Bitcoin Bull Run Incoming Despite Bearish Calls? Data released yesterday by the creator of…

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Huobi Launches Bitcoin Perpetual Swaps with 125x Leverage

Singapore-based Huobi is the latest crypto exchange to launch perpetual swaps. The new product is live on Huobi DM, the company’s derivative trading platform. New Product Allows Traders to Benefit from Market Volatility BitMex-like future contracts with no expiry times, commonly referred to as perpetual swaps, are becoming increasingly popular among crypto exchange firms. Last…

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Bitcoin Whale Sends 5,500 BTC to Binance Worth $33.8M

Twitter bot Whale Alert reported that 5,500 Bitcoin was moved from an unknown wallet to Binance, prompting fears that the transaction might lead to a significant drop. $33.8M Worth of BTC Moved from Unknown Wallet to Binance On March 29, about $33.8 million worth of Bitcoin left an unknown wallet to reach Binance. The crypto…

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OKCoin Prepares to Launch New Crypto Exchange in Japan

These are challenging times for many businesses, yet the OK Group is undeterred. OKCoin completed its registration to launch a cryptocurrency exchange in Japan today – the first global exchange to earn a license in the country. OKCoin to Launch New Exchange in Japan According to an official release, OKCoin Japan Co. Ltd. headquartered in…

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Bitcoin Association President Served Subpoena Over Twitter

The quest for the Bitcoin Association President continues as the law firm representing David Kleiman estate reaches out to Jimmy Nguyen on Twitter. NGUYEN KEEPS BUSY, YET CANNOT BE FOUND On Sunday, attorney Vel Freedman replied to one of Nguyen’s tweets, noting that his firm had repeatedly been unable to serve him with a subpoena…

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